Market Highlights: —
Insulation monitoring devices have wide range of applications covering machines, generators, power supplies and renewable energy segments such as wind and solar photovoltiac. In marine industry an inreasing trend that can be witnessed is high voltage (up to 700 V) and frequency (upto 400 Hz) levels to supply power to the unearthed vessel demanding insulation monitoring devices. Bender, a German based manufacturer of insulation monitoring devices provides A-ISOMETER IRDH 275/375/575 series insulation monitoring devices offering operational safety and reliable electrical systems on ships and offshore vessels protecting on-board passengers and operators. These devices are IEC (International Electrotechnical Commisions) standard compliant providing fault localisation, remote diagnostics, offline monitoring, fire prevention and optimised maintenance of marine vessels.
Insulation Monitoring Devices Market Segments Analysis:
By mounting, the market is segmented into din rail, screw mounting, and panel mounting.
By response time, the market is segmented into 7sec.
By vertical, the market is segmented into power utilities, manufacturing, mining, healthcare, transportation, and others.
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The prominent players in the market of Global Insulation Monitoring Devices are ABB (Switzerland), Eaton (Ireland), Bender (Germany), Schneider Electric (France), Mitsubishi Electric (Japan), Siemens (Germany), Renesas Electronics Corporation (Japan), Littelfuse (US), and Hakel al. s.r.o. (Czech Republic), Viper Innovations (UK), Cirprotec (Spain), E. Dold & Sohne (Germany), and Captech (Australia).
The other market players include Martens (GHM Group), Lemvigh-Muller (Denmark), Megacon (Norway), Deif A/S (Denmark) and Wei Dian Union(Hubei) Technology Co.,Ltd (China).
Insulation Monitoring Devices Regional Market Analysis:
The geographical analysis of construction robot market is covered for the regions namely North America, Europe, Asia-Pacific, and the Rest of the world.
Among these, the North America region dominates the market due to deployment of insulation monitoring devices in healthcare, transportation, data centers, manufacturing plants and mining sectors owing to strict government regulations to ensure electrical safety measures. Furthermore, investments from key market players for deployment of these devices in renewable energy power plants also drives the market growth in countries namely US, Canada and Mexico. The market is witnessing a substialtial growth in European countries namely, Germany, France, the UK, Spain and Russia.
European nations have implemented regulations for electrical safety enabling enterprises to deploy insulation monitoring devices to smoothen operations.
List of Tables
Table1 Global Insulation Monitoring Device Market: By Country, 2018 2023
Table2 North America: Insulation Monitoring Device Market, By Country, 2018 2023
Table3 Europe Insulation Monitoring Device Market: By Country, 2018 2023
Table4 Asia-Pacific Insulation Monitoring Device Market: By Country, 2018 2023
Table5 The Middle East & Africa Insulation Monitoring Device Market: By Country, 2018 2023
Table6 Latin America Insulation Monitoring Device Market: By Country, 2018 2023
Table7 North America: Insulation Monitoring Device Market, By Country, 2018 2023
Table8 North America: Insulation Monitoring Device Market, By Mounting, 2018 2023
Table9 North America: Insulation Monitoring Device Market, By Response Time, 2018 2023
Table10 North America: Insulation Monitoring Device Market, By Vertical, 2018 2023
Table11 Europe: Insulation Monitoring Device Market, By Country, 2018 2023
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List of Figures
Figure 1 Global Insulation Monitoring Device Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter s Five Forces Analysis of Global Insulation Monitoring Device Market
Figure 4 Value Chain of Global Insulation Monitoring Device Market
Figure 5 Share of Insulation Monitoring Device Market In 2018, By Country (In %)
Figure 6 Global Insulation Monitoring Device Market, 2018 2023
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